With the 10th Generation Toyota Corolla first launched in Japan in October 2006 and Europe in early 2007, North America is one of the last markets to receive the all-new compact car.

With the 10th Generation Toyota Corolla first launched in Japan in October 2006 and Europe in early 2007, North America is one of the last markets to receive the all-new compact car, However, that doesn't diminish the importance of the compact car as it flaunts the title of being one of the best selling cars of all time. Making its debut today at SEMA along with the all-new Toyota Matrix, the 2009 Toyota Corolla gets five trim levels: Standard, LE, XLE, the sporty S, and the performance-driven XRS. Co-designed between Toyota Design in California and studios in Turin, Italy the Corolla gets a lower and sportier shape. The three entry models get a 1.8-liter 16 valve engine making 132hp while a 158hp 2.4-liter goes into the sportier S and XRS models. A five-speed manual transmission is standard for both engines while a 4-speed automatic for the entry models and 5-speed automatic transmissions are optional. The sportier S and XRS models are distinguished by a front underbody spoiler, fog lamps, rocker moldings, upper and lower rear spoilers, and for improved air management under the car, engine undercovers. The all-new Corolla will reach Toyota dealerships in February 2008. Please see press release below for further details.

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